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Dixon Technologies Secures Govt Nod for Dixtel JV With Chinese Firm Longcheer

Written by: Team Angel OneUpdated on: 25 Jul 2025, 9:10 pm IST
Dixon gets MEITY nod for Dixtel JV with Longcheer, to hold 74% stake; aims to boost ODM and electronics production in India.
Dixon Technologies Secures Govt Nod for Dixtel JV With Chinese Firm Longcheer
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Dixon Technologies has received approval from the Indian government to form a joint venture with Longcheer, a Chinese electronics firm. Operating as Dixtel Infocomm, this JV will focus on manufacturing smartphones, tablets, and other smart devices in India, strengthening local production and ODM capabilities.

Govt Approves Dixon Technologies and Longcheer JV

On July 24, 2025, Dixon Technologies confirmed that it has received clearance from the Ministry of Electronics and Information Technology (MEITY) to establish a joint venture with Longcheer’s Singapore-based subsidiary. The structure will allocate 74% stake to Dixon Technologies and 26% to Longcheer, reflecting a strategic partnership designed to scale India’s electronics manufacturing capabilities. The JV will be officially named Dixtel Infocomm after the execution of the definitive agreements.

Focus on Smart Devices and Localisation of Components

Dixtel Infocomm will manufacture a wide range of products, including smartphones, tablets, AI-powered PCs, smartwatches, true wireless stereo devices, automotive electronics and healthcare gadgets. This JV is a step towards not only increasing local production volumes but also deepening India’s Original Design Manufacturer (ODM) expertise. The initiative intends to localise non-semiconductor components, supporting India's ambition to become a global electronics hub.

Strategic Partnerships to Strengthen Capabilities

The collaboration with Longcheer will provide design support, while production expertise from Dixon will streamline the supply chain. Longcheer has existing partnerships with major players like Vivo, Xiaomi, and Oppo, bringing a wealth of experience in smart device design and development into the Indian market through this JV. Dixon has already formed or is approaching similar alliances with Chinese firms, including Yuhai Precision Manufacturing and Kunshan Q Technology’s Indian arm, focusing on electronic component production.

Read More: Dixon Technologies; Posted Q1 FY26 Results with Revenue Up 95% YoY, PAT Jumps 100%!

Implications for India’s Electronics Manufacturing Ecosystem

Dixtel’s formation strengthens India’s position in the global electronics value chain. The move contributes to the localisation of complex electronic supply lines and advances the Make in India initiative. Such partnerships are key to reducing dependency on imports and increasing exports of value-added electronic products.

Dixon Technologies (India) Share Price Performance

On July 25, 2025, Dixon Technologies (India) share price opened at ₹16,810.00 on NSE, above the previous close of ₹16,768.00. During the day, it surged to ₹16,910.00 and dipped to ₹16,722.00. The stock is trading at ₹16,760.00 as of 12:48 PM. The stock registered a marginal change of -0.05%.

Over the past week, it has moved up by 2.94%, over the past month, it has moved up by 15.80%, and over the past 3 months, it has moved up by 3.34%.

Conclusion

Dixon Technologies’ joint venture with Longcheer marks a major milestone in India’s journey toward self-reliance in electronics manufacturing. Dixtel Infocomm will not only boost domestic smart device production but also bring advanced ODM capabilities, strengthening India’s role in the global supply chain.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 25, 2025, 3:40 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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